Compare Amica vs. State Farm: Quotes, Discounts (2023)

Amica vs. State Farm: A Summary

If you’re comparing car insurance policies from different auto insurance providers, proper research is key to help you get the best rate. Two options you may be considering are Amica and State Farm, but which is best for you? To help you make your decision, read our report comparing these providers based on prices, discounts, and more.

ICS Score Explanation:

The Insurify Composite Score (ICS) is a proprietary rating calculated by a team of data scientists at Insurify, weighing multiple factors that reflect the quality, reliability, and health of an insurance company.

Inputs to the score include financial strength ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.

Amica

Amica Mutual Insurance Company was founded in 1907 and provides a variety of insurance products, including homeowners insurance and life insurance, in every state except Hawaii. In addition to liability and full-coverage insurance, Amica offers several unique coverage options, including a premium coverage package.

Average premiums at Amica are more costly than the industry average, and while the company offers a variety of discounts, there isn’t a usage-based telematics program. However, Amica is one of the highest-rated midsize insurers for customer satisfaction by J.D. Power, and the company has an excellent financial strength rating from A.M Best.

In addition, Amica has higher-than-average positive customer service reviews on third-party websites relative to the insurance industry as a whole. The company also has a well-rated mobile app you can use to get roadside assistance.

State Farm

State Farm is the largest auto insurer in the nation by market share and offers some of the cheapest insurance rates in the industry. The company is top-rated in J.D. Power’s 2022 U.S. Insurance Shopping Study, alongside Liberty Mutual, and rated above average for insurance claims satisfaction. State Farm also has superior financial stability ratings.

In addition to auto insurance, State Farm offers several other insurance products, including renters insurance and business insurance. You can get standard coverage from State Farm in addition to several add-ons, such as rental car reimbursement and a rideshare endorsement.

State Farm also offers a variety of discounts, including two telematics programs that reward you for safe driving. One program is specifically for drivers under the age of 25. Customer service reviews of State Farm are mixed, but the company had fewer complaints than expected with the National Association of Insurance Commissioners (NAIC) in 2020.

Amica vs. State Farm — Ratings

The Best Car Insurance Companies in 2022

State Farm and Amica are two of the best auto insurance companies you can choose for your car insurance needs, based on our analysis of a variety of data that showed the reputability of these companies. They’re well-rated for both financial strength and customer satisfaction. Depending on your coverage needs and budget, you may choose one over the other.

Compare Amica vs. State Farm: Which Is Cheaper?

State Farm is cheaper than Amica for all types of drivers. Regardless of credit score, driving history, and age, motorists pay lower car insurance rates at State Farm on average. State Farm is also one of the cheapest insurers we reviewed, although average premiums were slightly cheaper at USAA and GEICO.

The Cheapest Car Insurance Companies in 2022

Amica was not one of the cheapest insurance companies based on average monthly cost. In fact, Amica premiums were more expensive than the industry average for all types of drivers. In some cases, Amica charged drivers more than four times the average premium that State Farm charged. For example, DUI drivers pay particularly high rates at Amica.

Compare Amica vs. State Farm Car Insurance by Age

Because they are a higher risk to insure, young drivers tend to pay the highest rates for insurance coverage. Teen drivers are more likely to be involved in an accident than any other age group, so it’s understandable why insurance companies would charge them the most. Drivers in their 50s tend to pay the lowest rates. Here’s what you can expect at each company.

For every age group, State Farm charges less than Amica, but the difference is particularly significant for teen drivers.

Compare Amica vs. State Farm Car Insurance by Gender

Car insurance companies in most states consider gender when setting car insurance rates. That’s particularly true for teen males since research shows their vehicle accident death rate is more than twice the death rate for females.

Women tend to pay slightly less than men over the course of their lives for car insurance. Here’s what Amica and State Farm charge men and women on average.

State Farm offers cheaper rates to both men and women.

Which is cheapest for men?

State Farm offers cheaper insurance premiums to men than Amica. State Farm also beats the industry average premium for men.

Which is cheapest for women?

State Farm is cheaper than both Amica and the industry average premium for women.

Compare Amica vs. State Farm Car Insurance by Mileage

When calculating your car insurance rate, insurers consider your estimated mileage. This usually has very little impact on your rates, but low-mileage drivers tend to pay slightly less. Keep in mind that State Farm’s Drive Safe & Save program could save you more based on your actual mileage. Here’s what State Farm and Amica charged drivers based on their mileage.

Which is cheapest for drivers with high mileage?

State Farm is cheaper than Amica and beats the industry average for high-mileage drivers.

Which is cheapest for drivers with low mileage?

State Farm is cheaper for low-mileage drivers than both Amica and the industry average.

Compare Amica vs. State Farm Car Insurance by Credit Score

Most auto insurance providers use your credit-based insurance score when setting your rates due to a correlation between poor credit and high claims filing. Note that in some states, such as California, this practice is prohibited. But policyholders in most states can expect to pay more if they have bad credit. Here’s what each company charges on average based on credit tier.

Which is cheapest for good credit?

State Farm offers generous rates for drivers with excellent credit, beating Amica, the industry average, and each other company that we reviewed.

Which is cheapest for bad credit?

State Farm is cheaper than Amica for drivers with both poor and average credit scores. However, drivers with poor credit may find cheaper rates from another company, such as GEICO or Allstate.

Compare Amica vs. State Farm Car Insurance by Driving Record

Your driving history has a big impact on how car insurance companies perceive your risk. If you have a speeding ticket or DUI on your record, you may pay higher rates than average. Keep in mind that you may be able to offset some of the cost with one of State Farm’s telematics programs.

Every insurer is going to evaluate your driving history differently, but here’s how each type of infraction impacts average rates at Amica and State Farm.

Which is cheapest for good drivers?

State Farm is cheaper than both Amica and the industry average for drivers who don’t have any infractions on their driving records.

Which is cheapest after a speeding ticket?

State Farm is forgiving to drivers with speeding tickets, charging an average of only $59 per month. That beats Amica’s average monthly premium and the industry average.

Which is cheapest after an accident?

State Farm offers affordable rates to drivers who have caused crashes, beating both Amica and the industry average. In fact, of the companies we reviewed, only USAA offered cheaper rates.

Which is cheapest after a DUI?

A DUI is an offense that requires your insurer to maintain an SR-22 on file with the DMV in most states. This significantly raises the cost of car insurance. Amica charges high rates to DUI drivers, while State Farm is relatively forgiving compared to other insurers.

Amica vs. State Farm Car Insurance: What discounts does each offer?

Note that local agents may be aware of additional discounts since offers vary by state.

Our Methodology and How We Compared Amica and State Farm

The car insurance quotes provided in Insurify’s insurance company comparison guides are based on the analysis of over 50 thousand insurance quotes from 500 ZIP codes nationwide. Insurify’s data science team performs a comprehensive analysis of factors car insurance providers weigh to calculate rates, including driver demographics, driving record, credit score, desired coverage level, and more to give representative samples.

Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating calculated by weighing multiple factors that reflect the quality, reliability, and health of an insurance company.

Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.

With the above insights and ranking methods, Insurify is able to offer car insurance shoppers a window into how insurance providers compare to one another in terms of both cost and quality.